Business & Finance For Professor Ryan: Exanding Product Offerings and Quality
Professor Ryan,
Here is the question I would like for you to help me with.
Expanding Product Offerings and Quality
A major producer of passenger tires has launched an advertising campaign in which it is trying to market windshield wipers to the public under its brand name, which has been highly successful in the passenger tire market.
In a 2- to 3-page Microsoft Word document, respond to the following:Explain why the passenger tire company might choose a product line like windshield wipers to expand its product offerings (as opposed to making steering wheels, opening a bank, or starting a clothing line).Perform a SWOT analysis of the company’s decision to offer windshield wipers, being in the passenger tire business.Analyze and describe what impact this attempt to expand the product line will have on quality (answer both in terms of the company’s existing product line, which is passenger tires, and its new product line, which is windshield wipers). Describe how quality can be measured in an environment such as the one in which the company currently operates (the passenger tire market). In other words, what constitutes quality and how can we quantitatively determine whether the company has it?
Support your responses with examples.
Cite any sources in APA format and provide in-text citations, please.
Assignment 3 Grading Criteria Maximum PointsExplained the company’s reasoning for entering the windshield wiper market (as opposed to some other product offering). 10Performed a SWOT analysis of the company’s situation. 15Explained the impact on quality due to company’s attempt to expand its product line. 10Described how quality can be measured in an industry such as the passenger tire market. 10Used correct spelling, grammar, and professional vocabulary. Cited all sources using APA format. 5Total: 50
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